SHIB

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0223%/8h= +24.4% APRnext payment +$0.28 per $10,000 · paid last 24h +0.064%

Price spread now: Reya against Pacifica−0.203%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Pacifica Short on Reya

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropPacifica: Active · Reya: Active · farm boardneeds both histories

Funding pays, the price is against you. Reya is 0.203% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.203% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$20 on $10k: about 3.0 days of funding at the current rate (+$7 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica kSHIB	0.000006018	0.0100	pay 0.0013% / 1h	47m 05s	$12K	$5K	10x
Short	Reya kSHIBRUSDPERP	0.000006006	0.0323	get 0.0040% / 1h	47m 05s	$1	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against Pacifica. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee PacificabpFee ReyabpOrdersPrice spread, now −0.203%Rate

Funding earned: $46.75
Price spread: −0.203% → 0.000%: −$20.27
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Reya: 3 bp × 2 orders: −$6
Net: $12.48
Costs to cover: 0.140%
Break-even: 5.1 days

Slippage unknown: Pacifica: no order-book sample; Reya: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Pacifica no order-book sample	—	—	—	—	—
Sell Reya no order-book sample	—	—	—	—	—

Pacifica and Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SHIB on 29 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_SHIBUSD	−0.0374%	1h	0.000006006	−0.199%	$1.1M	$1.0M	50x	as long as short
Coinbase International 1000SHIB-PERP-INTX	−0.0088%	1h	0.000006050	+0.532%	$123K	$1.6M	50x	as long as short
dYdX SHIB-USD	0.0000%	1h	0.000006019	+0.013%	$24K	$56K	10x	as long as short
Kalshi KXKSHIBPERP	0.0000%	8h	0.000006014	−0.060%	$105K	$3.2M	2x	as long as short
Deribit 1000SHIB_USDC-PERPETUAL	0.0000%	1h	0.000006006	−0.199%	$47K	$65K	25x	as long as short
gTrade (Gains Network) SHIB/USD	L +0.0006% / S 0.0000%	1h	0.000006006	−0.193%	$567	—	150x	as long as short
Injective SHIB/USDC PERP	+0.0033%	1h	0.000006040	+0.366%	$248	$134K	5.5x	as long as short
BingX 1000SHIB-USDT	+0.0047%	8h	0.000006004	−0.233%	—	$2.3M	—	as long as short
Lighter 1000SHIB	+0.0096%	1h	0.000006007	−0.183%	$155K	$639K	10x	as long as short
Hyperliquid kSHIB	+0.0100%	1h	0.000006010	−0.133%	$3.6M	$5.3M	10x	as long as short

Show all 29 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster 1000SHIBUSDT	+0.0100%	8h	0.000006005	−0.222%	$41K	$336K	50x	as long as short
Pacifica kSHIBlong	+0.0100%	1h	0.000006018	long leg	$12K	$5K	10x
Binance 1000SHIBUSDT	+0.0100%	8h	0.000006005	−0.216%	$30.1M	$127.4M	75x	as long as short
OKX SHIB-USDT-SWAP	+0.0100%	8h	0.000006001	−0.282%	$9.2M	$43.4M	50x	as long as short
Gate SHIB_USDT	+0.0100%	8h	0.000006002	−0.266%	$7.0M	$7.4M	75x	as long as short
MEXC SHIB_USDT	+0.0100%	8h	0.000006002	−0.266%	$28.2M	$19.6M	300x	as long as short
KuCoin SHIBUSDTM	+0.0100%	8h	0.000006005	−0.216%	$4.6M	$3.2M	75x	as long as short
Bitget SHIBUSDT	+0.0100%	8h	0.000006003	−0.249%	$11.4M	$17.3M	75x	as long as short
Backpack kSHIB_USDC_PERP	+0.0100%	1h	0.000006005	−0.216%	$23K	$8K	15x	as long as short
Orderly PERP_1000SHIB_USDC	+0.0100%	8h	0.000006007	−0.183%	$7K	$4K	20x	as long as short
SunX SHIB-USDT	+0.0100%	8h	0.000006017	−0.017%	$2K	$27K	20x	as long as short
SoDEX 1000SHIB-USD	+0.0100%	1h	0.000006007	−0.183%	$502	$5K	10x	as long as short
HTX SHIB-USDT	+0.0100%	8h	0.000006012	−0.100%	$409K	$581K	75x	as long as short
Phemex u1000SHIBUSDT	+0.0100%	8h	0.000006001	−0.282%	$2.1M	$7.6M	50x	as long as short
Paradex kSHIB-USD-PERP	+0.0101%	8h	0.000006021	+0.045%	$7K	$13	20x	as long as short
Extended 1000SHIB-USD	+0.0104%	1h	0.000006004	−0.227%	$53K	$4K	25x	as long as short
GMX SHIB/USD [ETH-USDC]	L +0.0212% / S −0.2404%	1h	0.000006000	−0.299%	$1K	—	100x	as long as short
BloFin SHIB-USDT	+0.0220%	8h	0.000006004	−0.233%	$873K	$929K	50x	as long as short
Reya kSHIBRUSDPERPshort	+0.0323%	1h	0.000006006	−0.203%	$1	—	20x